| |
Table 77m Comparison of "Moneys Worth" for the OASDI Program for Present Law and
StdVal Advisory Council Options With Reduced CPI*
NoTaxAdj
Present Value of Expected Benefits Cohort 22 in 1977
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
(TF
Real Low Ave High Max Low Ave High Max
Package Int) Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 45658 76078 100354 120438 41362 68610 90581 108963
5% PSA-401K (2.3) 43944 67147 87275 106505 39897 60823 79588 97655
5% PSA-USBond (2.3) 43129 65335 84377 102130 39061 58964 76614 93166
1.6% IA-401KAn(2.3) 40549 66103 86957 105046 36459 59150 77961 94575
1.6% IA-USBond(2.3) 40249 65437 85890 103435 36155 58473 76879 92940
MB (4.2) 45641 76031 100318 120214 41345 68564 90545 108740
MTR (2.3) 39023 62711 81529 96876 34898 55679 72408 86217
LTR (2.3) 39455 57169 71311 82480 35286 50576 63192 72983
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1977
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 27566 61258 98012 140984 28468 63262 101220 145794
5% PSA-401K (2.3) 28632 63624 101800 146680 29606 65792 105268 151882
5% PSA-USBond (2.3) 28632 63624 101800 146680 29606 65792 105268 151882
1.6% IA-401KAn(2.3) 28688 63750 101998 146980 29666 65926 105482 152202
1.6% IA-USBond(2.3) 28688 63750 101998 146980 29666 65926 105482 152202
MB (4.2) 27566 61258 98012 140984 28468 63262 101220 145794
MTR (2.3) 27566 61258 98012 140984 28468 63262 101220 145794
LTR (2.3) 25128 55838 89342 127944 25862 57470 91950 131854
Present Value of Expected "Net Subsidy" Cohort 22 in 1977
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 18092 14820 2342 -20546 12894 5348 -10639 -36831
5% PSA-401K (2.3) 15312 3523 -14525 -40175 10291 -4969 -25680 -54227
5% PSA-USBond (2.3) 14497 1711 -17423 -44550 9455 -6828 -28654 -58716
1.6% IA-401KAn(2.3) 11861 2353 -15041 -41934 6793 -6776 -27521 -57627
1.6% IA-USBond(2.3) 11561 1687 -16108 -43545 6489 -7453 -28603 -59262
MB (4.2) 18075 14773 2306 -20770 12877 5302 -10675 -37054
MTR (2.3) 11457 1453 -16483 -44108 6430 -7583 -28812 -59577
LTR (2.3) 14327 1331 -18031 -45464 9424 -6894 -28758 -58871
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1977
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 166 124 102 85 145 108 89 75
5% PSA-401K (2.3) 153 106 86 73 135 92 76 64
5% PSA-USBond (2.3) 151 103 83 70 132 90 73 61
1.6% IA-401KAn(2.3) 141 104 85 71 123 90 74 62
1.6% IA-USBond(2.3) 140 103 84 70 122 89 73 61
MB (4.2) 166 124 102 85 145 108 89 75
MTR (2.3) 142 102 83 69 123 88 72 59
LTR (2.3) 157 102 80 64 136 88 69 55
Note: All values based in intermediate assumptions of the 1995 Trustees Report*. All dollar values are present value at age 22, then wage indexed to 1995. * Assuming 0.21% lower COLA starting Dec 97; no change in nominal wage or interest. Office of the Actuary / Social Security Administration July 28, 1996 |
www.socialsecurity.gov